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Dec 26, 2012
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as some lawmakers are also heading back to washington. but with just six days to go, homes for a last-minute deal may be fading. nbc's kristin welker is with us tonight from honolulu. kristen. >> reporter: natalie, good evening. with president obama flying home this evening, the political rhetoric has already started, with republicans urging action in the senate, and with democrats calling on republicans to put middle class families first. the president and first lady spent part of their christmas visiting troops in honolulu. >> we want to say thank you. we love you. >> reporter: but now he heads back to a snowy washington, where the last hope for a deal to avert the fiscal cliff is the senate, which returns tomorrow. majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would re
as some lawmakers are also heading back to washington. but with just six days to go, homes for a last-minute deal may be fading. nbc's kristin welker is with us tonight from honolulu. kristen. >> reporter: natalie, good evening. with president obama flying home this evening, the political rhetoric has already started, with republicans urging action in the senate, and with democrats calling on republicans to put middle class families first. the president and first lady spent part of their...
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Dec 26, 2012
12/12
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if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial dollars. $500,000 to $1 million pays $34,000 more. they want $215,000 on top of what you pay in taxes. >> the wealth manager says the money you have left won't go as far as businesses also deal with their own tax hikes. >> you are going to see less money in your paycheck. >> the government has to bite the bullet with $1.2 trillion in spending cuts. more than half of that is to the defense budget. >> they say families may need austerity calculation before making big purchases. look at the money you have and the money you need in the future to decide if you need the next big picture. doug? >> doug: thank you, molly. resi
if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial...
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Dec 26, 2012
12/12
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house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the
house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official...
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Dec 26, 2012
12/12
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you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's no real cuts in the cliff. >> you guys sound like congress. keep on arguing behind the scenes. enjoy yourselves. thank you so much, michael. peter, you're sticking around. >>> meantime, the fiscal cliff may be a big deal but there is another threat out there which might be in the short term more risky. the container cliff. businesses up and down the eastern seaboard are bracing for a massive port showdown as unions threaten to strike and possibly shut down most imports and exports out of this country. let's add in cnbc contributor jimmy peeb. we focus so much on the fisca
you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's...
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Dec 26, 2012
12/12
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so eventually, washington, d.c. and up into southern new bland england, we will start to see more or less rain move in. the snow is going to move into the western side of the storm system.but you can also see the heavier line of thunderstorms moving through southern georgia. we also have tornado watches. and that threat is going to push into the east coast of the carolinas. we could see isolated tornadoes again possible. on top of that, we are looking at possibly perhaps up to a foot of snow, especially off the shores of lake ontario and lake erie with 6 to 12 inches possible in southern indiana. that's a look at the weather across the country. now, here's a peek out your window. in boston, about 37 degrees, but that rain is going to take hold later on today. raleigh, north carolina, has a good chance of seeing thunderstorms today. and pittsburgh, looking at snow with highs today topping out in the mid-30s. >> so the storm system is going to be one that affects the eastern seaboard probably until about friday mornin
so eventually, washington, d.c. and up into southern new bland england, we will start to see more or less rain move in. the snow is going to move into the western side of the storm system.but you can also see the heavier line of thunderstorms moving through southern georgia. we also have tornado watches. and that threat is going to push into the east coast of the carolinas. we could see isolated tornadoes again possible. on top of that, we are looking at possibly perhaps up to a foot of snow,...
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Dec 26, 2012
12/12
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you can see already, there is a different tone in washington. i think elections matter. the voters spoke. even though the race was relatively close, it was not that close in the electoral college. even the margin has expanded now to 4 million votes. i think people read those results. i think, for example, on an issue like immigration reform, the prospects for passing comprehensive immigration reform in the near future -- near future are much greater than they were three weeks ago election. i think the chance of coming to an agreement on this fiscal cliff are greater today because of this election. results. i do not know whether our campaign or their campaign fostered the environment for that. i think the voters did, and that is as it should be. >> the last couple questions -- we will come back to this side. >> my question is, in the days following the election there was a fair amount of coverage about the divisiveness of the obama for america ground game -- i was wondering, how you need you think that model was for this campaign and candidate, and if this might be the ne
you can see already, there is a different tone in washington. i think elections matter. the voters spoke. even though the race was relatively close, it was not that close in the electoral college. even the margin has expanded now to 4 million votes. i think people read those results. i think, for example, on an issue like immigration reform, the prospects for passing comprehensive immigration reform in the near future -- near future are much greater than they were three weeks ago election. i...
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Dec 26, 2012
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will people think that she is outside politics, outside of washington the way that people think of barack obama, which is a wholly new thing. that is sui generis. >> i don't see it like that especially because the man himself is an island unto himself in washington, d.c. >> yes. >> he is not a democratic party boss like tip o'neill. he's not even really connected with the chicago political machine. >> and curiously, people like that. >> he is his own man. that's a great thing unless you are the democrats that want this to be passed along four years from now. >> but is there, in your view, a philosophical way of being that is inheritable, to use rick's word? is this pragmatic problem-solving approach that clinton began and obama has clearly taken through this four years, five years so far, is the next republican victor going to have to be someone who is less ideological than, say, 30 years ago? >> well, i take exception with the suggestion that barack obama has been pragmatic. he passed a lot of things the first two years by running the democrats and getting their vote. i believe the great
will people think that she is outside politics, outside of washington the way that people think of barack obama, which is a wholly new thing. that is sui generis. >> i don't see it like that especially because the man himself is an island unto himself in washington, d.c. >> yes. >> he is not a democratic party boss like tip o'neill. he's not even really connected with the chicago political machine. >> and curiously, people like that. >> he is his own man. that's a...
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Dec 26, 2012
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not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i wonder how long so and so will speak. i was one of the worst offenders. but you get to know each other. when we were on senate finance, we worked on the attorney general budget together. so we have that relationship already, something that we can build on now as she serves our state and i serve as governor. in new hampshire, if you are willing to pitch in, we can all get things done together. i want citizens to understand the relationship and goodwill are real. in 2005, our son ben had significant surgery over the summer. later in the term, he had more. he called me every day on cell ph
not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i...
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Dec 26, 2012
12/12
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KQED
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he was well regarded in washington d.c. too among the i delegation. yes, i think this is the perfect path for a comeback if he is going to do that. he's going back to his old district where he's known well. he'll make a go.thishe it will either work or it won'ti but this is the most direct path back to public life and public service he could probably find.h >> ifill: if they run against each other it will be the most hotly covered race in the country. >> this is a republican seat so it's likely that a republican will hold that seat when it's over.en >> ifill: let's talk about the governor of new jersey. t we had been watching chris christie a lot whether it was to do super storm sandy or whether to campaign for mitt romney. s there's a lot of question about whether he would get the o challenge from the very popular mayor of newark, at least popular in some circles cory booker. >> what's interesting about this is that cory booker put out a web video which is how all the a politicians announce these days. he said i'm interested in obnning for senate. th
he was well regarded in washington d.c. too among the i delegation. yes, i think this is the perfect path for a comeback if he is going to do that. he's going back to his old district where he's known well. he'll make a go.thishe it will either work or it won'ti but this is the most direct path back to public life and public service he could probably find.h >> ifill: if they run against each other it will be the most hotly covered race in the country. >> this is a republican seat so...
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Dec 26, 2012
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president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >> the president was $2200 billion higher on re
president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income...
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Dec 26, 2012
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the white house saying president obama seen earlier greeting marines in hawaii will head back to washington tomorrow night for more fiscal cliff talks. a powerful storm system wreaked havoc on alabama and mississippi and new numbers released from tracking agencies spending pulse show holiday retail sales, grew at the slowest rate since 2008. now back to "caught on camera." >>> welcome back to "caught on camera." i'm contessa brewer. the web has nearly as many viral videos as there are creative people to make them. in our next video, a group of talented and very patient people takes one click to a whole new level. hey, rube, how do you take your portrait? ought to be pretty straightforward, right? not in this video, by a small photography company looking to get noticed. >> we decided to shoot a rube goldberg machine in a relatively simple task and just take a photo in as complicated a way as possible. >> so david and his colleagues at 2d photography designed a photo machine that you can't take your eyes off of. >> we used almost every piece of photography equipment that any photographer woul
the white house saying president obama seen earlier greeting marines in hawaii will head back to washington tomorrow night for more fiscal cliff talks. a powerful storm system wreaked havoc on alabama and mississippi and new numbers released from tracking agencies spending pulse show holiday retail sales, grew at the slowest rate since 2008. now back to "caught on camera." >>> welcome back to "caught on camera." i'm contessa brewer. the web has nearly as many viral...
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Dec 26, 2012
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he's waiting at our washington, d.c. office to see if he can locate us on the street using only the invisible information embedded in a snapshot we'll post on the web. i'm using instagram. he's going to look at your picture and see if he can find it based on the data in the photograph. in an instant, hong finds us at 19th and m street. all right, this is our guy. >> are you serious? >> reporter: it's not magic, if you've turned on instagram's location setting, data collected with a photo can actually display your location on a map. you want to explain to david what you did? >> i was looking at the photos and they have the location on there. >> reporter: it's all made possible in a new reality of smartphones and the way they track you using your applications, photos, and games. you looked at some of the most popular smartphone applications? >> that's right, so we looked at the top 100 apps and turns out half had privacy concerns and they are collecting or using sensitive information. this is a really fun game, you know, l
he's waiting at our washington, d.c. office to see if he can locate us on the street using only the invisible information embedded in a snapshot we'll post on the web. i'm using instagram. he's going to look at your picture and see if he can find it based on the data in the photograph. in an instant, hong finds us at 19th and m street. all right, this is our guy. >> are you serious? >> reporter: it's not magic, if you've turned on instagram's location setting, data collected with a...
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Dec 26, 2012
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but holder brought them back to washington, d.c. to work at a desk instead of the field. >> they were repositioned. whether it's that or something serious like this where people lost their lives, you get shuffled around. but this is indicative of the way the administration oddly has been dealing with the benghazi pricious the start. there is an inability to speak the truth. everybody thought what they thought, that he is gone. what he did again is a political appointment. he basically handed that in, walked across the hall. other three will end up in other jobs. the secretary of state should have stepped down. it's her responsibility. but this story has been about insulating her for the 2016 run. >> eric: we have to leave it there. mike baker, former operative. can't figure out what it takes to fire this. thank you, everybody. see you in a couple minutes on "the five."
but holder brought them back to washington, d.c. to work at a desk instead of the field. >> they were repositioned. whether it's that or something serious like this where people lost their lives, you get shuffled around. but this is indicative of the way the administration oddly has been dealing with the benghazi pricious the start. there is an inability to speak the truth. everybody thought what they thought, that he is gone. what he did again is a political appointment. he basically...
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Dec 26, 2012
12/12
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WMAR
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his cutting short his hawaiian vacation, to return to washington to avoid the fiscal cliff. >>> deep discounts. if you're not sick of the mall just yet, you're going to find sales today. >>> and the holiday homecoming. one family never imagined was possible. how a chance encounter by a caring stranger put a pup back in the arms of the little girl who loves her. >>> good morning, everyone. i'm muhammad lila. >> and i'm brandi hitt. paula and rob are off this morning. travel could be a challenge across much of the country. tornadoes, rain, snow, even a blizzard are all a threat. >> they are picking up the piece of a series of storms turned deadly. wendy gillette is joining us with more now. wendy? >> reporter: muhammad and brandi, we may dream of a white christmas. and many of us got one. but these storms also delivered a deadly punch, all across the country. >> oh, jesus. look at that tornado. >> reporter: this is just 1 of more than 30 reported tornadoes that touched down on christmas day, leaving behind heavy damage. >> still on the ground for over a minute. >> reporter: this one ro
his cutting short his hawaiian vacation, to return to washington to avoid the fiscal cliff. >>> deep discounts. if you're not sick of the mall just yet, you're going to find sales today. >>> and the holiday homecoming. one family never imagined was possible. how a chance encounter by a caring stranger put a pup back in the arms of the little girl who loves her. >>> good morning, everyone. i'm muhammad lila. >> and i'm brandi hitt. paula and rob are off this...
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Dec 26, 2012
12/12
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CSPAN
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not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i wonder how long so and so will speak. i was one of the worst offenders. but you get to know each other. when we were on senate finance, we worked on the attorney general budget together. so we have that relationship already, something that we can build on now as she serves our state and i serve as governor. in new hampshire, if you are willing to pitch in, we can all get things done together. i want citizens to understand the relationship and goodwill are real. in 2005, our son ben had significant surgery over the summer. later in the term, he had more. he called me every day on my cell
not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i...
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Dec 26, 2012
12/12
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KGO
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hundreds gathered to watch the event and to hear a washington stand-in deliver the speech to the troops. this year, the weather just didn't cooperate. only one boat tried to make the crossing. but the water was just too rough. the weather must have been better back in '76 because there were enough boats to carry 2,400 soldiers, 200 horses and 18 canons from pennsylvania to new jersey. the historic trek turned the tide in the revolutionary war. >> at least they tried. maybe they didn't make it. >>> there was quite a treat for fans at yesterday's rockets/bulls game in chicago. >> the crowd watched as the bulls mascot and a bunch of santas put on this impressive display of slam-dunking. granted, yes, they were using trampolines to get that high above the rim. you have to give them credit, especially after they had been delivering those presents all night long. too bad the bulls, though, could not deliver a win. ouch. >> nice to see santa like that. >>> still ahead, if yesterday was a day to give and receive, retailers are hoping today will be a day to spend. >>> and there's some great deal
hundreds gathered to watch the event and to hear a washington stand-in deliver the speech to the troops. this year, the weather just didn't cooperate. only one boat tried to make the crossing. but the water was just too rough. the weather must have been better back in '76 because there were enough boats to carry 2,400 soldiers, 200 horses and 18 canons from pennsylvania to new jersey. the historic trek turned the tide in the revolutionary war. >> at least they tried. maybe they didn't...
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Dec 26, 2012
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WBAL
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he plans to leave for washington tomorrow night. he and lawmakers will try to prevent the economy from going over the fiscal cliff. anyone who has not taken advantage of the homestead tax credit better act fast. if you have two days left to save hundreds of dollars at tax time. postmarked by december 31, or you will have to wait another year. its stems from legislation enacted in 2007 by the state general assembly. homeowners must apply to maintain eligibility for the credit. still ahead, aerial volunteers spent the holiday serving others. an organization will help keep hundreds and warmer this winter. and that when a missouri school did to put a smile back on their custodian's face. >> the weather is going to turn active as we had through the next of the week. partly to mostly cloudy. 36 at the airport. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can mana
he plans to leave for washington tomorrow night. he and lawmakers will try to prevent the economy from going over the fiscal cliff. anyone who has not taken advantage of the homestead tax credit better act fast. if you have two days left to save hundreds of dollars at tax time. postmarked by december 31, or you will have to wait another year. its stems from legislation enacted in 2007 by the state general assembly. homeowners must apply to maintain eligibility for the credit. still ahead,...
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Dec 26, 2012
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the pressure is increasing in washington. senate majority leader harry reid was reportedly on capitol hill at christmas working on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines he was grateful for their service and posed for pictures. >>> more bay area headlines. one of santa's helpers put in a little overtime on christmas but instead of a sleigh and reindeer, san jose postal worker nancy ray used this a mail truck. ray is carrying on a decades old tradition of delivering packages to people on christmas. this is the third year ray has put her sant suit. she started working in the san jose post office 20 years ago and said this is a job she always wanted. >> some books,
the pressure is increasing in washington. senate majority leader harry reid was reportedly on capitol hill at christmas working on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers...
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Dec 26, 2012
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KGO
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you worked with denzel washington in this movie. he does a great job. tell everybody what the movie is about. >> it's about, for some reason, they have this rule that they don't want airline pilots to drink. on the job. anyway -- he's -- he's this great pilot, he's just got a little problem with alcohol and it's about -- it's one of those things, you are really torn because you want to root for him but he's such a stinker. >> jimmy: really, yeah. >> he's got a lot of people that try to help him, but for all the wrong reasons. >> jimmy: there's a scene in which, it's kind of denzel versus a mini bar and -- >> yeah. i used to beat the hell out of those mini bars. >> jimmy: oh, really? >> i'd go for a vodka, already being unscrewed and filled with water. >> jimmy: yeah, that's an old trick. >> hey, what the -- but they never caught me. >> jimmy: you know, yeah, they now days they have electronic, so, if you move, it's almost like, you are playing chess with a computer. if you move a bottle, you get charged for it whether you drink it or not. >> what if you
you worked with denzel washington in this movie. he does a great job. tell everybody what the movie is about. >> it's about, for some reason, they have this rule that they don't want airline pilots to drink. on the job. anyway -- he's -- he's this great pilot, he's just got a little problem with alcohol and it's about -- it's one of those things, you are really torn because you want to root for him but he's such a stinker. >> jimmy: really, yeah. >> he's got a lot of people...
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Dec 26, 2012
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CNNW
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in washington, d.c., there's the white house in the distance. we are looking at some nasty weather working its way through the mid-atlantic and the northeast. it's not going to get any better looking forward. you can see we're looking at heavy, heavy snow, a foot or more in interior new england. that will start tonight into tomorrow. this is a massive storm impacting millions of people. >> be careful out there. bonnie schneider, thanks so much. >>> guess what? it's boxing day in the uk, canada and several other countries. and shoppers are mopping the stores. these pictures show crowds in london this morning. 26th of december is a lot like black friday here in the united states. analysts expect 4 million british shoppers will spend nearly $5 billion today. back here at home, should be a similar scene today as people return unwanted gifts and jump on those big postholiday sales and we do mean big. check out this deal from best buy. a 32-inch tv for under 200 bucks. those are the kinds of deals we're seeing today. alison kosik is at the new york st
in washington, d.c., there's the white house in the distance. we are looking at some nasty weather working its way through the mid-atlantic and the northeast. it's not going to get any better looking forward. you can see we're looking at heavy, heavy snow, a foot or more in interior new england. that will start tonight into tomorrow. this is a massive storm impacting millions of people. >> be careful out there. bonnie schneider, thanks so much. >>> guess what? it's boxing day in...
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Dec 26, 2012
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obama is scheduled to return to washington on thursday in time to restart talks. the u.s. president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans canceled a vote on their compromise plan. that's because many republicans remain opposed to any kind of tax hikes. >>> china has opened what it calls the world's longest high-speed rail line. the railway links the capital city of beijing and ghangzhou in the south. shun ishibe have more. >> reporter: the first high-speed train for beijing is about to leave guangzhou south railway station. many passengers are carrying coats, because the temperature in beijing is about 20 degrees centigrade lower than here in guangzhou. the new line stretches nearly 2,300 kilometers, including a section already in service. the trip
obama is scheduled to return to washington on thursday in time to restart talks. the u.s. president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans canceled a vote on their...
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Dec 26, 2012
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. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from the tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid who is crafting a package on his own. it would extend the bush era tax cuts for households making less than $250,000 a year including the short-term spending cuts. >>> and it is a scary statistic for the recent college graduates. the number of young californians with the degrees working in restaurants or the retail, they have nearly doubled over the last five years. cbs 5 reporter tells us that these are the same people who have expensive college loans to pay off. >> reporter: when you're shopping this holiday season, or eating out, take a look around. you might notice a lot more people under 30 working those jobs. according to the census bureau, there are about 260,000 young adults with college degrees in california, taking work and food service in retail because they can't get anything else. >> it
. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from the tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid who is crafting a package on his own. it would extend the bush era tax cuts for households making less than $250,000 a year including the short-term spending cuts. >>> and it is a...
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Dec 26, 2012
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it's an embarrassment how washington is acting. i am begging somebody in washington, step up. be accountable. take responsibility. solve the root cause of these issues. get smart about your weight. >>> the graphic says it, market flash. welcome back to the program. let's look at best buy. the stock's not moving higher, but there are positive comments out there. rare positive comments from an analyst about the store upgrades. bby has been remodeling a number of stores. david chick says they are a real improvement from the old stores. he visited a bunch post, pre, and post remodel. he thinks these are pretty good. he believes they can help with the magnolia sales. their higher end store within a store. making positive comments about these remodels. still, not really helping the stock today. bby shares are down 33% just this quarter. seems like a buyout may be the only big-time hope for bby in the near term. >> brian, thank you for that. currency wars are back. japan's new prime minister is warning the bank of japan had must match efforts by both the u.s. fed and ecb to weaken th
it's an embarrassment how washington is acting. i am begging somebody in washington, step up. be accountable. take responsibility. solve the root cause of these issues. get smart about your weight. >>> the graphic says it, market flash. welcome back to the program. let's look at best buy. the stock's not moving higher, but there are positive comments out there. rare positive comments from an analyst about the store upgrades. bby has been remodeling a number of stores. david chick says...
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Dec 26, 2012
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washington d.c. $119, you may have to be flexible tuesday, wednesday, saturday, seven days a week, out of new york and boston and places like that under $200 and january and february, anywhere from 10 degrees warmer in fort lauderdale and miami that orlando and tampa. florida is a good place. my son lives in orlando. look what i look like and i am freezing. that is a good one. if you are looking for a guarantee, 82 degree weather place, maybe you want to look at san juan, pr. we are seeing some dirt cheap air fares. if you live in florida and want to get away from the snowbirds go from orlando, tampa or for lauderdale to san juan for $189. if you live in new york or boston you will find the mid 200s. even hawaii, you will lose all your crew today because in january, newark to honolulu, by the time you get there, it will be all gone but $419. >> you are going to lose a great deal. we have a little time. i want to get quickly, first class domestic fares, you can get a good deal and fly up front. quickl
washington d.c. $119, you may have to be flexible tuesday, wednesday, saturday, seven days a week, out of new york and boston and places like that under $200 and january and february, anywhere from 10 degrees warmer in fort lauderdale and miami that orlando and tampa. florida is a good place. my son lives in orlando. look what i look like and i am freezing. that is a good one. if you are looking for a guarantee, 82 degree weather place, maybe you want to look at san juan, pr. we are seeing some...
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Dec 26, 2012
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washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology potentially lower prices as automakers continue to fight for market share. we continue "countdown to the closing bell" with ashley webster. ashley: let's go to nicole petallides at the floor of the new york stock exchange. shares of rim, research in motion. rim it is for real. shares of research in motion. research in motion has been beaten down the past couple of sessions. concerns of a new structure put in effect, and what they were going to do is use a tear factor, those tiers, is unclears unclear how they were going to break down. it contributes to the research in motion
washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology...
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Dec 26, 2012
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edward lawrence is in washington. edward, good morning. >> reporter: these were vicious, fast-moving storms that ripped across the south. in addition to the deaths, the work crews in the south are working to restore the power in at least five states because of the tornadoes and the blizzard conditions in the midwest. >> reporter: a christmas day tornado tore three mobile, alabama. >> there it is. >> joe michael love pulled out his cell phone to record the twister while miles away it destroyed a church and homes and his son's high school. >> the van is almost destroyed. the fieldhouse is gone. just all the portable buildings for classrooms are gone. >> reporter: here in houston, texas, the tornado destroyed some buildings and tore down power lines. francis lowe and her husband couldn't get away in time. >> we tried to leave at first but could't because the truck was off the ground, and it wouldn't go. finally, it touched the ground, and we took off. >> reporter: damage from a tornado in pearl river, mississippi, stretc
edward lawrence is in washington. edward, good morning. >> reporter: these were vicious, fast-moving storms that ripped across the south. in addition to the deaths, the work crews in the south are working to restore the power in at least five states because of the tornadoes and the blizzard conditions in the midwest. >> reporter: a christmas day tornado tore three mobile, alabama. >> there it is. >> joe michael love pulled out his cell phone to record the twister while...
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Dec 26, 2012
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we're waiting for news out of washington. that's going to be a catalyst. typically we see light volumes, we don't see a ton of trading. what do you expect the action to be while we're waiting for this decision? do you expect anything out of the ordinary this year? >> no, i don't. i think we'll see light volumes again, too. i think we're going over the fiscal cliff. but what i think is, the market has grown accustomed to that. small caps are up 9.5% since mid-november. that's optimistic in my mind. what i think they think is that we go over the fiscal cliff and sometime in the first week and a half, that's the political theater where the republicans can then cut taxes instead of raising taxes on anyone. and all will be well. i do think, however, the one thing that i'm worried about is the markets are okay with that, and they -- in our business we say buy the room or sell the facts. they price in this good outcome that happens the first week of january. then there's no reason left to buy. we priced that in and go lower. i did establish shorts on christmas ev
we're waiting for news out of washington. that's going to be a catalyst. typically we see light volumes, we don't see a ton of trading. what do you expect the action to be while we're waiting for this decision? do you expect anything out of the ordinary this year? >> no, i don't. i think we'll see light volumes again, too. i think we're going over the fiscal cliff. but what i think is, the market has grown accustomed to that. small caps are up 9.5% since mid-november. that's optimistic in...
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Dec 26, 2012
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let's hope boehner's back in washington, obama's back in washington tomorrow. the players are there. harry reid is there. let's hope that they get there and for the sake of the country for the sake of our stability of our fiscal well, they get together on a plan that works. nobody will get 100% of what they want. hopefully somebody -- we get enough of what we want to keep the wheels turning. >> ana, do you think speaker boehner's leadership is suffering while this crisis continues? >> you know, i think a little bit of both to be honest with you. certainly he tried to get something from his caucus last week. that didn't work. that was not a strong moment for him. it was a moment of weakness. but at the same time, i think he looks like he's really trying. and it also paints the picture and makes it obvious that, you know, he's not just negotiating with president obama. he also has to then come back and sell to his own people, sell to his own caucus, which at points may be even more difficult than negotiating with the white house. so it tells us all just how compl
let's hope boehner's back in washington, obama's back in washington tomorrow. the players are there. harry reid is there. let's hope that they get there and for the sake of the country for the sake of our stability of our fiscal well, they get together on a plan that works. nobody will get 100% of what they want. hopefully somebody -- we get enough of what we want to keep the wheels turning. >> ana, do you think speaker boehner's leadership is suffering while this crisis continues?...
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Dec 26, 2012
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george washington would not kneel to pray. when his pastor rebuked him for setting a bad example, washington mended his ways. he stayed away from church on communion sundays. he of knowledge christianity's benign influence on society. no ministers were present and no prayers were said when he died. washington had proclaimed that religion and morality are indispensable supports for political prosperity. reason and experience both were best to expect that morality can prevail in exclusion for religious principles. the longer john adams lived, the shorter grew his creed. in the end, it was unitarianism. jefferson wrote those ringing words of the declaration, but jefferson was a utilitarian when he urged his nephew to inquire into the truth of christianity. "if it ends in a belief that there is no god, you'll find virtue in the comforts and pleasantness you feel in virtue's exercise." james madison always explained away religion as an innate appetite. the mind, he said, prefers the idea of the self existing clause to an infinite s
george washington would not kneel to pray. when his pastor rebuked him for setting a bad example, washington mended his ways. he stayed away from church on communion sundays. he of knowledge christianity's benign influence on society. no ministers were present and no prayers were said when he died. washington had proclaimed that religion and morality are indispensable supports for political prosperity. reason and experience both were best to expect that morality can prevail in exclusion for...
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Dec 26, 2012
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we're grateful to be a part of it. . >>> we have breaking news in washington. no, not that news but important and sort of in the same ballpark. john harwood has the story. john? >> reporter: related news, bill. part of the administration's earth to put pressure on the cook to do something about the fiscal cliff and the debt ceiling. treasury secretary geithner sent a letter to harry reid, the senate majority leader, saying the united states government will hit its statutory debt limit on december 31st. that is the same day that we would go over the fiscal cliff. now the treasury has certain steps they can take to avoid breaching the debt ceiling that will carry the government through february or march, but at the moment in a technical sense treasury secretary geithner is telling the congress we're hitting the debt ceiling at the end of this year which is the part of the, as i mentioned, part of an effort to get congress to step in and act, not only on the fiscal cliff but on the debt ceiling, bill. >> thanks very much for the breaking news. we'll keep monitorin
we're grateful to be a part of it. . >>> we have breaking news in washington. no, not that news but important and sort of in the same ballpark. john harwood has the story. john? >> reporter: related news, bill. part of the administration's earth to put pressure on the cook to do something about the fiscal cliff and the debt ceiling. treasury secretary geithner sent a letter to harry reid, the senate majority leader, saying the united states government will hit its statutory debt...
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Dec 26, 2012
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the conversation we're having in washington is so disingenuous. talking about 100 trillion in unfunded liabilities and we're arguing 800 billion in tax increases on 2% of the population we're still not asking tough questions of the middle last. i don't think it matters whether president's plan or republicans plan i don't think it is imagine. adam: i'm shocked you would imply anybody in washington would ever be disingenuous. lindsey and james, thank you very much. we'll talk about the fiscal cliff ad knaus see yum. that's what we do when you're talking about the economy. appreciate you both being here. it is the fiscal cliff gridlock which is helping to suck the holiday cheer out of many shoppers. a new report says u.s. holiday sales climbed just .7 of a percent over last year. that is their slowest rate of growth since 2008 when the recession was in full force but are people just temporarily stuffing their money in the mattress due to the fiscal cliff? or is this the start of a long-term spending halt by consumers? joining us to discuss all of thi
the conversation we're having in washington is so disingenuous. talking about 100 trillion in unfunded liabilities and we're arguing 800 billion in tax increases on 2% of the population we're still not asking tough questions of the middle last. i don't think it matters whether president's plan or republicans plan i don't think it is imagine. adam: i'm shocked you would imply anybody in washington would ever be disingenuous. lindsey and james, thank you very much. we'll talk about the fiscal...
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but in oregon, it'll go up to $8.95 an hour, and in washington state, $9.19. "anything under $10 an hour is obscene. it's not enough to live in any city in the u.s." there's now a push to raise the federal minimum wage. "the minimum wage needs to be raised. it hasn't been raised in some time. we should consider indexing it to inflation." in 2004, voters in florida approved indexing the minimum wage to the cost of living. colorado voters did the same thing two years later. they are among ten states where that connection is made and where wages go up january first. in florida, the 12-cent increase, to $7.79 an hour, will benefit 210,000 workers. it'll add $370 to their annual wages and $46.2 million to florida's gdp. still, not enough, according to some. "people who work 40 hours a week need a $10-an-hour minimum wage. this is from a retailer. retail wages stink." "we see people work three jobs just to make ends meet. that's not fair." in late november, president obama met with small business owners for their input about the fiscal cliff, and the minimum wage wa
but in oregon, it'll go up to $8.95 an hour, and in washington state, $9.19. "anything under $10 an hour is obscene. it's not enough to live in any city in the u.s." there's now a push to raise the federal minimum wage. "the minimum wage needs to be raised. it hasn't been raised in some time. we should consider indexing it to inflation." in 2004, voters in florida approved indexing the minimum wage to the cost of living. colorado voters did the same thing two years later....
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Dec 26, 2012
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the term we use in washington to describe this is indication. i don't think that makes clear the critical task we are pursuing here. this is about rebuilding in a smarter, better and stronger way. we should learn from the important lessons in the gulf after hurricane katrina. transit agencies lost buses in the storm and when they started speaking with fema about replacing those buses fema said they could not buy new buses. they had to buy used buses the same age to replace those buses. these agencies were put in the absurd position of scouring the country trying to find someone who would seldom old buses but with mitigation funding we can pay for a new bus to replace the old one. the same principle applies to rail transit. hoboken pass station was flooded and coming back to service after weeks after the storm, should we put the station back together with the same exact vulnerability to flooding? or should we rebuild in a way that would prevent such extensive flood damage in the future? of course we should rebuild to protect against future storms
the term we use in washington to describe this is indication. i don't think that makes clear the critical task we are pursuing here. this is about rebuilding in a smarter, better and stronger way. we should learn from the important lessons in the gulf after hurricane katrina. transit agencies lost buses in the storm and when they started speaking with fema about replacing those buses fema said they could not buy new buses. they had to buy used buses the same age to replace those buses. these...
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. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid. >>> it's a scary statistic for recent college graduates. the number of young californians with degrees working in restaurants or retail has nearly doubled over the last five years. grace lee tells us these are the same people who have expensive college loans to pay off. >> reporter: when you're shopping this holiday season or eating out, take a look around. you might notice a lot more people under 30 working those jobs. according to the census bureau there are about 260,000 young adults with college degrees in california taking work in food service and retail because they can't get anything else. >> pretty sad now. >> reporter: roary graduated with a computer science degree. >> i graduated with my bachelors in 2009 and my first job was at a retail store. at first it was kind of embarrassing. >> i could
. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid. >>> it's a scary statistic for recent college graduates. the number of young californians with degrees working in restaurants or retail has nearly doubled over the last five years. grace...
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Dec 26, 2012
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a columnist for "the washington post," david is a renowned writer of fiction and nonfiction and is later during his most recent string of best-selling works of spy fiction. david is well known for his command of international affairs and his keen insight into the working of government and other factors. with these two gentlemen, we're poised for an illuminating an intriguing conversation about the world, the future and revenge of geography. bald and david, over to you. >> thank you. i think you're probably not supposed to see this as a serious moderator, but i love this book. it's embarrassing how architect it is and how many post its mouth i put not to flatter the teacher but because i really liked it. i'm going to try to walk the audience through this. we have bob walk the audience through and i would like to start with a provocative opening comment that you make. you set my reporting over three decades has convinced me that we all need to recover a sensibility of time and space that has been lost in the information age when the molders of public opinion - against the hours that will t
a columnist for "the washington post," david is a renowned writer of fiction and nonfiction and is later during his most recent string of best-selling works of spy fiction. david is well known for his command of international affairs and his keen insight into the working of government and other factors. with these two gentlemen, we're poised for an illuminating an intriguing conversation about the world, the future and revenge of geography. bald and david, over to you. >> thank...
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Dec 26, 2012
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KRON
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he plans to leave hawaii tonight to return to washington d.c. on thursday. the president is returning to the white house to work on its fiscal cliff deal before the year inns. without an agreement, automatic tax increase is for everyone and deep spending cuts will be triggered in the new year. the >> the death toll has risen to six from winter storms in the nation's midsection. if this is video automobile, alabama. an enormous storm system that brought snow and sleet to the nation's midsection and tournedos to the deep south is now moving its way toward the northeast. >> we are still tracking pretty good storm sales as you can see here is a live look as storm tracker 4. san for cisco is starting to dry out. we are still seeing pretty good rain coming out towards ever bring and 101. \ evergreen and 101. hayward and union city are also looking at moderate rain showers that are coming through. richmond and certain parts oakland are also looking at light rain. all the rain will stick a round and we will have scattered showers for the rest of the day. showers wil
he plans to leave hawaii tonight to return to washington d.c. on thursday. the president is returning to the white house to work on its fiscal cliff deal before the year inns. without an agreement, automatic tax increase is for everyone and deep spending cuts will be triggered in the new year. the >> the death toll has risen to six from winter storms in the nation's midsection. if this is video automobile, alabama. an enormous storm system that brought snow and sleet to the nation's...
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kelly: that is a lot of talk going around in circles in washington right now. you're very optimistic something can be done but on the other hand there are several economist, juan, that predict indeed we'll go over the fiscal cliff and the inaction of congress has the potential of plunging the united states into another recession. that said, they can't afford to becoming a reality. >> so far they have been very fortunate that the markets have not reacted with panic. you have not seen any plunge on wall street and the like but once you go over the cliff, especially if it is not just a matter of a day or two to allow for a house vote, but if it is really the case that politicians here in washington are so dysfunctional, kelly, they can not get the people's business done, i think then you will see a market reaction that, as you describe it, could plunge the country back into recession and it is not just the united states. remember, we're the world leader in terms of so much when it comes to the economy. it could cause worldwide implications. europe already is on th
kelly: that is a lot of talk going around in circles in washington right now. you're very optimistic something can be done but on the other hand there are several economist, juan, that predict indeed we'll go over the fiscal cliff and the inaction of congress has the potential of plunging the united states into another recession. that said, they can't afford to becoming a reality. >> so far they have been very fortunate that the markets have not reacted with panic. you have not seen any...
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Dec 26, 2012
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we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former
we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the...
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Dec 26, 2012
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joe johns, cnn, washington. >>> comedian dino joins us. top of the list, scandal in washington. are you surprised petraeus topped the list? >> no, i'm not. he's the top spy in america, and he can't keep an affair secret. there's some human quality in there and humor at the same time. it's remarkable to me. it's men in power thinking they can get away with it, bill clinton, john edwards, newt gingrich, and it's endemic of women in power thinking they can live by different rules. >> let's turn now to the royal family. even the royal family couldn't escape the litany? >> absolutely not. in this case, though, prince harry. he had trouble after trouble. if you invite a bunch of people to your room, get drunk, play strip poker, and allow them to take pictures, you're going to be in the press. while the duchess unfortunately for her had some expectations of privacy, she was alone on a french villa, and they used long lenses to take pictures of her. completely different scenario. that's why he deserves to be in the media and she doesn't for what she did. >> is it a double standard, thou
joe johns, cnn, washington. >>> comedian dino joins us. top of the list, scandal in washington. are you surprised petraeus topped the list? >> no, i'm not. he's the top spy in america, and he can't keep an affair secret. there's some human quality in there and humor at the same time. it's remarkable to me. it's men in power thinking they can get away with it, bill clinton, john edwards, newt gingrich, and it's endemic of women in power thinking they can live by different rules....
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Dec 26, 2012
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south 101 washington accident in the median in petaluma if you are making your way out now of cotati towards petaluma. >>> coming up, it is for the birds. why more than 100 volunteers are getting ready to track the number of species that call san francisco home. >>> going bowling -- preview of today's bowl games. >>> you are looking live from our rooftop camera buildings decorated for the holidays in downtown san francisco, rain showers, a break from that tomorrow. >>> looks so beautiful and peaceful now but it is raining and that is going to continue today. >> you get to focus on the fun stuff. it is raining now, san leandro heading towards hayward, getting close to the san mateo bridge now pulling away from south san francisco and airport heading towards burlingame, hillsborough,7-í pacifica on its way to san mateo as we speak. everybody getting wet weather except san diego and high deserts now, dry but that is also heading towards that area. 60s down there, most of us in the 50s until you get to chico, 49, sierra it is snowing now, you need chains up there. winter weather advisor
south 101 washington accident in the median in petaluma if you are making your way out now of cotati towards petaluma. >>> coming up, it is for the birds. why more than 100 volunteers are getting ready to track the number of species that call san francisco home. >>> going bowling -- preview of today's bowl games. >>> you are looking live from our rooftop camera buildings decorated for the holidays in downtown san francisco, rain showers, a break from that tomorrow....
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Dec 26, 2012
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washington journal continues. host: joining us on indianapolis is doug wissing, author of "funding and the enemy." we are talking about afghanistan and the end game. first, the title of your book that you wrote this year, how u.s. taxpayers bankrolled the taliban, remind us of what you were right thing? -- were writing. guest: i am sorry. i'm getting feedback in my earphone. if you could come off my audio, thank you. when i was imbedded with u.s. soldiers in afghanistan, i began to realize that the soldiers were trying to explain to me that there was a toxics system that was connecting distracted american officials, -- i'm sorry, i'm back to getting this in my ear phone. host: we will see if they can fix it. if you can try to continue, we will try to fix it. guest: there was a toxic network, hearing myself twice simply does not work. there was a toxic network that was connecting distracted american officials, u.s. corporations, military- industrial and development and industrial complex corporations, corrupt afgha
washington journal continues. host: joining us on indianapolis is doug wissing, author of "funding and the enemy." we are talking about afghanistan and the end game. first, the title of your book that you wrote this year, how u.s. taxpayers bankrolled the taliban, remind us of what you were right thing? -- were writing. guest: i am sorry. i'm getting feedback in my earphone. if you could come off my audio, thank you. when i was imbedded with u.s. soldiers in afghanistan, i began to...
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the pressure is increasing in washington. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan as to avoid tax hikes. president obama is coming back from hawaii today because of the issue. >>> after a day off, investors are headed back to wall street. within an hour we are expecting new numbers on the housing market in u.s. cities. erica ferrari from moneywatch.com is on the job in new york. >> reporter: good morning. asian markets were up this morning as investors snapped up year end stocks. tokyo's nikkei added 1.5% as japan swore in a new prime minister. the shanghai composite was up .25%. investors will return to wall street with concerns over the "fiscal cliff." on monday, before closing for christmas the dow lost 52 points while the nasdaq dropped 8. the white house says the president is cutting its vacation in hawaii short to deal with "fiscal cliff" negotiations. his focus, figure out a plan to avoid the huge spike in taxes and spending cuts set to take effect in 6
the pressure is increasing in washington. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan as to avoid tax hikes. president obama is coming back from hawaii today because of the issue. >>> after a day off, investors are headed back to wall street. within an hour we are expecting new numbers on the housing market in u.s. cities. erica ferrari from moneywatch.com is on the job in new york. >> reporter: good morning. asian...
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is about to commence a new large scale military deployment this coming year washington sending troops to as many as thirty five african countries more on that on line plus. the catholic church giving believers and culture lovers a real christmas present find out what the multimillion euro are databases for. throughout the day the jolly fat man has been making his deliveries around the globe and hopefully you got what you wanted from sad of this christmas but there's been more window shopping and people are actually parting with their hard earned cash this holiday season even the catholic church has had to rely a little old fashioned charity to help staging its traditional st peter's basilica mass and costs for this year's more frugal nativity scene were mostly paid with donations in the eurozone artie's peter all of it has been looking at whether the wish list of those in charge are too much for even a high powered st nick to handle. it's a time of goodwill and giving and one particularly gent its busiest time of the sunset has taken a little bit of time out from delivering presents t
is about to commence a new large scale military deployment this coming year washington sending troops to as many as thirty five african countries more on that on line plus. the catholic church giving believers and culture lovers a real christmas present find out what the multimillion euro are databases for. throughout the day the jolly fat man has been making his deliveries around the globe and hopefully you got what you wanted from sad of this christmas but there's been more window shopping...
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is about to commence a new large scale deployment is coming near washington will be sending troops to as many as thirty five african countries more on that online plus. the catholic church gives a believers and lovers of culture a real christmas present find out what the multi-million euro are databases for at r g dot com. well throughout the day santa has been making his deliveries and hopefully you got what you wanted this christmas but there's been more window shopping than people actually parting with their hard earned cash this means that even the catholic church has had to rely on a little old fashioned christian charity to help stage its traditional st peter's massive cost for this year's more frugal nativity scene were mostly paid with donations and in the eurozone parties peter oliver has been looking at wasn't the wishlist of those in charge or too much or even high powered santa. it's a time of goodwill and cheer and giving and for one particularly jolly gent it's busiest time of the year but santa has taken a little bit of time out from delivering presents to the boys and
is about to commence a new large scale deployment is coming near washington will be sending troops to as many as thirty five african countries more on that online plus. the catholic church gives a believers and lovers of culture a real christmas present find out what the multi-million euro are databases for at r g dot com. well throughout the day santa has been making his deliveries and hopefully you got what you wanted this christmas but there's been more window shopping than people actually...
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. >>> and in washington tonight, president obama is cutting his christmas vacation short to try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give her a long rope. you know, and there is monitoring, because we
. >>> and in washington tonight, president obama is cutting his christmas vacation short to try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come...